AASB In Brief – Overview of the AASB’s Exposure Draft, Compilation Engagements
Sep 05, 2018
On September 5, 2018, the Auditing and Assurance Standards Board (AASB) issued an Exposure Draft, "Compilation Engagements", to replace the current standard, which has not been significantly revised in many years.
The proposals would significantly change the communication attached to compiled financial information and could affect the way practitioners perform the engagement. This In Brief provides an overview of the key improvements the AASB is suggesting.
Review the publication on the AASB's website.